January 29, 2019

Robust ACH Network Growth Continues in Fourth Quarter; Same Day ACH Volume Marks a Milestone

HERNDON, Va., Jan. 29, 2019 – ACH Network volume saw its biggest quarterly growth in more than a decade during the fourth quarter of 2018. Same Day ACH payments also passed a significant milestone.


More than 5.9 billion ACH payments were made in the final quarter of last year: 3.5 billion debits and 2.4 billion credits. That’s up 8.7 percent from the same time in 2017, and is the highest quarterly growth rate in 11 years.


Fourth quarter Same Day ACH volume was more than 51.3 million payments, marking the first time Same Day ACH payments surpassed the 50 million threshold. Same Day ACH volume increased 46 percent over the fourth quarter of 2017.


“The ACH Network is stronger than ever,” said Nacha Chief Operating Officer Jane Larimer. “There is robust growth across many ACH transaction types, and the numbers for Same Day ACH show it is being embraced by consumers, businesses and financial institutions.”


The fourth quarter saw overall ACH Network volume grow by nearly half a billion transactions compared to a year earlier. There were strong volume gains in several major transaction types, including an 11.5 percent increase in business-to-business (B2B) payments, to 930 million, a 14.5 percent rise in internet transactions, to 1.6 billion, and a nearly 47 percent jump in person-to-person (P2P) payments, to 37.9 million.


An infographic detailing fourth quarter ACH network volume is available for download.